The Importance of Demand Survey in Housing

Most of the organizations or societies working for welfare of a certain segment in the arena of housing, conduct Demand Surveys for assessing the viability of a project at a given location, to assess and evaluate the feasibility of launching a new housing scheme, by ascertaining its legal status as well as future prospects. In fact, Demand Surveys ensure that participants get an opportunity of buying a good quality house, in an upcoming area, with modern amenities and facilities, and that too at a genuine price, which is less than the existing market price of that area.dm

Regular Demand Surveys are conducted in various parts of India by many organizations and societies working for the welfare of defense services personnel and their families such as AFOWO (Armed Forces Officials Welfare Organization), AWHO (Army Welfare Housing Organization), AFNHB (Air Force Naval Housing Board) etc, besides some societies for other departments like IRWO (Indian Railway Welfare Organization),  CGEWHO (Central Government Employees Welfare Housing Organization) etc.

According to Gp Capt Yudhvir Talwar (Retd), President of AFOWO, which has been credited with delivering many prestigious housing schemes in Delhi-NCR and other locations, “Due care and diligence is exercised in conducting a preliminary Demand Survey at various locations before finalizing to launch a project. All aspects including location, legal status, amenities in the vicinity, scope for appreciation, etc are taken into account to arrive at the best option for a project”.

Moreover, through the Demand Survey the number of personnel desirous of acquiring a dwelling unit at the proposed location is also assessed and ascertained. Demand Survey takes into account all parameters desirable for a housing project, including its location, proximity to essential facilities like markets, schools, hospitals as well as other public conveniences. Development in the vicinity of the proposed scheme is also taken into consideration, as it is a major factor towards future appreciation in value of the project.

Participants of a Demand Survey need to fill up an application form and deposit a token amount (generally refundable) as commitment money to the society. After the Demand Survey is complete, the participants are provided with all the details of the proposed scheme, including its layout, features, sizes of various configurations, price per sq. ft, payment plans etc. If satisfied with all of the above, the participants can book a unit in the launched scheme, while in the event of being uninterested, can apply for withdrawal from the scheme.

In the present day scenario, wherein many private builders have failed to honor their commitments, resulting in loss of hard earned money of an average person, most of the home buyers seem to have lost trust in these builders. In these circumstances, Demand Survey has emerged as a viable option for home buyers, who can rest assured of getting a good house at genuine prices, as these organizations and societies work for their welfare and benefit.

Future Prospects of Greater Noida West

Greater-Noida-WestAfter a long lull in the real estate sector, a sudden spurt in sale of houses in Delhi-NCR is being witnessed at present. Out of the upcoming and developing areas of NCR, Greater Noida West has emerged as the best option for investing in property, promising a bright future in terms of living as well as appreciation in prices. It has become a hot spot for real estate investments in NCR due to the following reasons:

Clear Legal Status

The land under development of Greater Noida West was mired with legal controversies since past many years. But the landmark judgment of the honorable Supreme Court on 14th May 2015 dismissed petitions by farmers who had challenged the land acquisition by UP Government for construction of apartments in Greater Noida West. With this judgment all legal troubles have been laid to rest, creating a positive sentiment and triggering demand for houses in this upcoming modern area of NCR.

Seamless Connectivity

Greater Noida West runs parallel to Noida sectors and is connected to Noida City Centre by 130 meters wide 6 lane road. It is well connected to NH-24, Noida, Ghaziabad as well as Greater Noida, through expressways and multi lane sector roads. Metro connecting all parts of Greater Noida West with Noida and Greater Noida has been approved. Being very close to FNG Expressway, Greater Noida West is well connected to Delhi too.

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Excellent Civic Infrastructure

Spread over an area of 9000 acres, Greater Noida West is one of the best planned regions of NCR, with a comprehensive Master Plan for Urban Agglomeration. The city has well developed civic infrastructure, comprising of an excellent road network, drainage, sewerage, water supply and underground power infrastructure, with a futuristic vision.

The road network has been planned in a manner that the area does not require traffic signals with a minimal possibility of roads getting choked. The minimum width of the sector roads is 12 m, which is more than that in Gurgaon. Moreover, it is one of the most well planned regions in the NCR, with 22% green area, the highest in NCR.

Commercial Development

Greater Noida West boasts of well zoned-out commercial and industrial regions, attracting corporate houses and MNCs for setting up their offices and facilities. Numerous Commercial Spaces and hotels are coming up in the area, besides IT parks and Knowledge Park 5. The commercial development is now poised for a leap after the approval of an International Airport on the Yamuna Expressway,

Most Affordable area of NCR

With the prices touching very high levels in the Delhi, Gurgaon and Noida markets, Greater Noida West can still be considered an affordable location in NCR with units prices ranging in an average of INR 3,000/- to 4,000/- per sq. ft. Unlike other areas, Greater Noida West is inhabited, with thousands of families regularly moving in.

Due to the above reasons, more and more customers are flocking to Greater Noida West to buy their dream home. With an increase in demand, the prices are bound to escalate in the near future, leaving the buyers with a last chance to buy a home in this upcoming area of NCR, that too at these affordable prices.

RAKSHA TOWERS, Greater Noida (W) – True Value for Money

banner1Armed Forces Officials Welfare Organization (AFOWO) is offering Raksha Towers, affordable apartments at Sector 1, Greater Noida West (Noida Extension). This prestigious project with various options of sizes and configurations, packed with latest specifications, equipped with all modern amenities and facilities, located at an area with high appreciation potential, that too at an extremely reasonable price, assures true Value for Money for its buyers.

Approved by the Greater Noida Authority in all respects, the 2, 3 and 4 BHK spacious apartments of Raksha Towers are available in many sizes ranging from 985 to 1865 sq ft. An important feature, probably available for the first time in the region, is the personal entrance way for each apartment on all the 20 floors. The two side open plot, housing the three towers, has beautifully landscaped gardens and green areas with ample open and covered parking space. Multi level security with CCTV cameras, 100% power backup for elevators and common areas, regular water supply, and other features like community hall, jogging track, swimming pool and many more, make this project a really good buy for all those dreaming to own a good house in Delhi-NCR.

Whether it be flooring, sanitary fixtures, electrical fittings or finishing, only the best quality and high specification material are being used in the construction of Raksha Towers. The construction of the apartments, under the regular supervision of experienced engineers and staff is going on at full swing with a concerted effort to complete and deliver the project well within the stipulated time frame of delivering it by end 2017.

Another important factor in making Raksha Towers an investment with high appreciation potential is its enviable location. The project is located at Sector 1, Greater Noida (West), which will become the first sector from Noida once the bridge being constructed over river Hindon is complete. The new bridge, located barely a kilometer from the project, will connect Greater Noida (West) with Noida Sector 78, and Sector 1 will be the first area for anyone coming from Noida. The bridge, being constructed at a fast pace, is slated to be completed by the time Raksha Towers are delivered.

A lot of construction activity can be noticed in the vicinity of the project including commercial spaces, IT parks, knowledge park, hotels etc. Luxury farm houses are being developed just opposite the main road, besides many residential projects with thousands of apartments coming up. Well connected with Delhi-NCR, the project is barely 1.5 km from the FNG corridor and very near to the proposed metro line.

The price at which the apartments are offered in Raksha Towers is very competitive compared with other projects in the area. The affordable price coupled with various payment options makes it a realistic housing option for people from all strata of the society. Moreover the project has been approved for home loans by many banks including Axis Bank, HDFC Bank, Central Bank of India and DHFL.

Raksha Towers, are being developed and offered by the Armed Forces Officials Welfare Organization (AFOWO), which works on a NO PROFIT NO LOSS basis, and is managed by retired defence forces officers. The organization and its executive members are credited with delivering many projects at Gurgaon, Noida, Delhi, Nainital etc giving unprecedented value to its buyers.

With a lot of positive aspects associated with Raksha Towers, Greater Noida (West), along with the track record of AFOWO, the project is poised to prove a gold mine for those who take the right decision of buying an apartment in the scheme, with only a few units left on offer.

AFOWO – An Overview

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Armed Forces Officials Welfare Organization (AFOWO) has been established with the mission of helping serving and retired armed forces officials, their families and dependents by assisting them in various important facets of life. Although AFOWO aims to work in many segments including Education, Skill Development, Employment, Careers, Housing, Investments, Retirement Assistance etc, it is currently engrossed in proffering high quality and cost effective residential units to its members.Being a social service organization working on ‘NO PROFIT NO LOSS’ basis, AFOWO is duly registered under the Societies Registration Act 1860, and is headed and managed by retired defence services officers, assisted by professionals in various fields.It has been a constant endeavor of AFOWO to provide cost effective, high quality, and growth oriented housing solutions including residential plots, apartments, independent floors, farm houses etc, to its members from the defence as well as para military forces.

AFOWO’s executive members are credited with completing and delivering many group housing projects from initialization to possession, thus benefitting thousands of defence forces personnel and their families. Some of the delivered projects includeAFNOE at Sector 7, Dwarka (375 apartments), Raksha Enclave at BRS-6, OMEGA-1, Greater Noida (50 Bunglows), besides other housing projects like Raksha Retreat at Nainital (80 Villas), Raksha Towers at Sec-37 D, Gurgaon in BPTP Park Sarene Project (250 apartments), Raksha Towers at Noida Extn in Supertech’s Eco Village (250 apartments) and Raksha Towers at Sector 68 Gurgaon in Mi Casa Project under Pareena Group.

Presently, AFOWO is inviting applications for 2/3/4 BHK apartments, with sizes ranging from 985 to 1865 sq ft, in Raksha Towers, coming up in the fast developing area of Greater Noida West (Noida Extension). The project is located at Sector 1, which will become the first sector of Greater Noida West, once the construction of the bridge connecting it to Noida is complete. Located in the midst of the ongoing mammoth development, this project is easily accessible from Delhi, Noida (just 2 kms from sector 78), FNG Corridor (1.5 kms), and is well connected by road as well as the Metro.

The promising location, coupled with the special subsidized price with friendly payment options (approved by various banks for Home Loans), besides quality of construction, modern amenities and envious neighbourhood, are poised to make Raksha Towers a fine place to live in, as well as a great investment option for the future.

With its unflinching resolve and deep commitment of working towards the welfare of serving and retired defence personnel, their families and dependents, AFOWO is planning more group housing schemes, and hopes that its members and patrons would take advantage and immensely benefit by availing homes in the forthcoming projects.

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